We would have had more capital on hand to deal with the crisis instead of having to go as far into debt as we did...so no...we would not be in as bad a state as we are now.
-----Original Message----- From: Jacob [mailto:ja...@excaliburfilms.com] Sent: Thursday, September 02, 2010 4:26 PM To: cf-community Subject: RE: Coporate profits higher than ever before in the wake of the financial crisis Hmm... yes. -----Original Message----- From: Vivec [mailto:gel21...@gmail.com] Sent: Thursday, September 02, 2010 1:22 PM To: cf-community Subject: Re: Coporate profits higher than ever before in the wake of the financial crisis If the US had not spent and continue to spend TRILLIONS on a war in Iraq and now Afghanistan, would it still be in such a terrible state? On 2 September 2010 15:08, Robert Munn <cfmuns...@gmail.com> wrote: > > We have a structural deficit caused by out of control entitlement > spending that will never be cured by raising taxes. The point to > deferring the tax hikes is to encourage private sector investment that > leads to larger tax revenues. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology-Michael-Dinowitz/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:326756 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
